Hauser Brothers GmbH Sells 15,000 Shares of XPO, Inc. (NYSE:XPO)

Hauser Brothers GmbH lessened its stake in XPO, Inc. (NYSE:XPO - Free Report) by 4.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 347,100 shares of the transportation company's stock after selling 15,000 shares during the period. XPO comprises about 28.7% of Hauser Brothers GmbH's investment portfolio, making the stock its largest position. Hauser Brothers GmbH owned approximately 0.30% of XPO worth $37,317,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. HighVista Strategies LLC lifted its holdings in XPO by 47.9% in the 3rd quarter. HighVista Strategies LLC now owns 37,680 shares of the transportation company's stock valued at $4,051,000 after acquiring an additional 12,200 shares during the last quarter. Holocene Advisors LP increased its holdings in XPO by 61.2% in the third quarter. Holocene Advisors LP now owns 683,931 shares of the transportation company's stock worth $73,529,000 after buying an additional 259,727 shares during the last quarter. Centiva Capital LP boosted its position in XPO by 49.5% during the third quarter. Centiva Capital LP now owns 4,754 shares of the transportation company's stock worth $511,000 after purchasing an additional 1,574 shares during the period. Arvin Capital Management LP boosted its position in shares of XPO by 15.5% in the third quarter. Arvin Capital Management LP now owns 140,351 shares of the transportation company's stock valued at $15,089,000 after acquiring an additional 18,831 shares during the period. Finally, Atom Investors LP bought a new stake in shares of XPO in the third quarter valued at approximately $2,759,000. Institutional investors own 97.73% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on XPO shares. Wells Fargo & Company increased their price objective on XPO from $119.00 to $150.00 and gave the stock an "overweight" rating in a research note on Thursday, October 31st. Susquehanna boosted their price target on XPO from $145.00 to $160.00 and gave the stock a "positive" rating in a research report on Wednesday, September 18th. Citigroup boosted their target price on XPO from $155.00 to $179.00 and gave the stock a "buy" rating in a report on Tuesday, November 12th. TD Cowen upped their target price on XPO from $137.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. Finally, Barclays upped their price objective on XPO from $150.00 to $170.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 13th. Two equities research analysts have rated the stock with a sell rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $141.13.

XPO Stock Performance

NYSE:XPO traded down $1.17 during mid-day trading on Tuesday, reaching $153.36. The stock had a trading volume of 1,582,940 shares, compared to its average volume of 1,461,787. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $17.85 billion, a price-to-earnings ratio of 49.55, a PEG ratio of 2.32 and a beta of 2.08. XPO, Inc. has a twelve month low of $78.72 and a twelve month high of $156.85. The business has a 50 day simple moving average of $128.55 and a 200 day simple moving average of $116.50.

XPO (NYSE:XPO - Get Free Report) last issued its earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.13. XPO had a net margin of 4.57% and a return on equity of 31.16%. The company had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $2.02 billion. During the same period last year, the company posted $0.88 earnings per share. The firm's quarterly revenue was up 3.7% compared to the same quarter last year. On average, analysts expect that XPO, Inc. will post 3.62 earnings per share for the current fiscal year.

XPO Profile

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.